US Inflation Rising, Here’s What Indonesia Should Watch Out For

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Jakarta, Klinik Farma – Following the release of U.S. (US) inflation data in July 2023, which recorded an increase in inflation of 3.2% (y/y). How will this spike in US inflation affect the Indonesian economy?

According to UI economist Willem Macalive, with rising inflation in the US, the Fed could take up to 6% aggressive positions. If this happens, Indonesia will have to raise interest rates, because otherwise there is a risk of capital flight.

Watch Maria Katarina’s full conversation with UI Economist Willem Makalive and on the Klinik Farma Closing Program, Friday (11/08/2023).

Watch live coverage of other Klinik Farma TV programs here.

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